Contrasting Himax Technologies (HIMX) and Its Competitors
Himax Technologies (NASDAQ: HIMX) is one of 104 public companies in the “Semiconductors” industry, but how does it weigh in compared to its competitors? We will compare Himax Technologies to related companies based on the strength of its dividends, earnings, valuation, profitability, risk, analyst recommendations and institutional ownership.
This table compares Himax Technologies and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Himax Technologies Competitors||-46.15%||1.48%||0.79%|
Valuation and Earnings
This table compares Himax Technologies and its competitors gross revenue, earnings per share (EPS) and valuation.
|Gross Revenue||EBITDA||Price/Earnings Ratio|
|Himax Technologies||$728.46 million||$36.54 million||84.01|
|Himax Technologies Competitors||$4.23 billion||$1.33 billion||24.37|
Himax Technologies’ competitors have higher revenue and earnings than Himax Technologies. Himax Technologies is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.
Volatility & Risk
Himax Technologies has a beta of 0.79, indicating that its share price is 21% less volatile than the S&P 500. Comparatively, Himax Technologies’ competitors have a beta of 1.07, indicating that their average share price is 7% more volatile than the S&P 500.
Himax Technologies pays an annual dividend of $0.23 per share and has a dividend yield of 2.3%. Himax Technologies pays out 191.7% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. As a group, “Semiconductors” companies pay a dividend yield of 1.4% and pay out 56.8% of their earnings in the form of a dividend.
Institutional & Insider Ownership
21.6% of Himax Technologies shares are held by institutional investors. Comparatively, 66.4% of shares of all “Semiconductors” companies are held by institutional investors. 6.2% of shares of all “Semiconductors” companies are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.
This is a summary of current ratings and target prices for Himax Technologies and its competitors, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Himax Technologies Competitors||917||4772||8664||359||2.58|
Himax Technologies presently has a consensus target price of $9.60, suggesting a potential downside of 4.76%. As a group, “Semiconductors” companies have a potential upside of 8.24%. Given Himax Technologies’ competitors stronger consensus rating and higher possible upside, analysts clearly believe Himax Technologies has less favorable growth aspects than its competitors.
Himax Technologies competitors beat Himax Technologies on 9 of the 15 factors compared.
Himax Technologies Company Profile
Himax Technologies, Inc. is a fabless semiconductor solution provider. The Company is engaged in display driver integrated circuits (IC) and timing controllers used in televisions, laptops, monitors, mobile phones, tablets, digital cameras, car navigation and other consumer electronics devices. The Company operates through two segments: Driver IC and Non-driver products. In addition, the Company designs and provides controllers for touch sensor displays, liquid crystal on silicon micro-displays used in palm-size projectors and head-mounted displays, light-emitting diode driver ICs, power management ICs, scaler products for monitors and projectors, video processing IC solutions and silicon IPs. It also offers digital camera solutions, including complementary metal-oxide-semiconductor image sensors and wafer level optics, which are used in a range of applications, such as mobile phone, tablet, laptop, televisions, personal computer camera, automobile, security and medical devices.
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